$65,000
7.12 Acres
Land
Patricia Burkhammer, Listing Office: Legacy Real Estate Professionals
Is Parkersburg, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Parkersburg has remained a Seller's Market.
Key Takeaway
Parkersburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Parkersburg, WV
How much do homes in Parkersburg, WV cost?
Median Sold Price
$155,333
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,744(+9.7%)
Key Takeaway
Homes in Parkersburg have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Parkersburg was $155,333 in November 2024, up 9.7% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $153K | $72.5K | -52.6% |
| 2 Bedrooms | $105.2K | $120K | +14.1% |
| 3 Bedrooms | $140K | $155K | +10.7% |
| 4 Bedrooms | $191.2K | $208.3K | +8.9% |
| 5+ Bedrooms | $275K | $261K | -5.1% |
Summary: Parkersburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.6%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 5.1%.
Housing Supply in Parkersburg, WV
How many homes are available in Parkersburg, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 156 | 141 | -9.6% |
Summary: The Parkersburg real estate market had 141 homes for sale in November 2024, a 9.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 22 | 20 | -9.1% |
| 3 Bedrooms | 83 | 75 | -9.6% |
| 4 Bedrooms | 35 | 31 | -11.4% |
| 5+ Bedrooms | 16 | 13 | -18.8% |
Summary: The Parkersburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 27 | -25.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Parkersburg, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Parkersburg in November 2024, down by 25.0% month-over-month. Of the 27 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Parkersburg, WV
How long does it take to sell a home in Parkersburg, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 59 Days | +9.1% |
Summary: Homes in Parkersburg had an average of 59 days on market in Nov 2024, up by 9.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Parkersburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in Parkersburg; 37% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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